
Short Term Lease Apartments for Rent in Indianapolis, IN Under $4,900 (368 Rentals) Page 2 of 8
Rental terms in Indianapolis as short as a month! Perfect when you can't commit to a full year of renting.


Wyckford Commons

Enclave at Eagle Creek Apartments

Apollo & Aurora Apartments

The Villages of Bent Tree Apartments

The 85Twenty

Country Lake Estates

Pier 39 Apartments & Townhomes

Buffalo Creek Apartments

Chateau in the Woods
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Estates of Creekside Apartments

Alpine Studios

Mozzo apartments

Castleton Manor Apartments

Martinique Terrace

Gathyr Apartments

Waterford Place Apartments

River House

Devonshire Apartments in Downtown Indianapolis
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

The Lodge at Trails Edge

Loch Haven Apartments

Beechmill Apartments

The Oasis

Deercross Apartments

Aspen Chase

SOUTHPORT AT BUCK CREEK

Williamsburg North

Parkhaven Apartments

Oakbrook Village
Check Out Indianapolis’s Best Affordable Neighborhoods
Learn about Indianapolis and the best places to live with original content written by our Local Expert Wendy Melton

Emerson Village

The Retreat Northwest

Strawbridge Green

Ninth Avenue Apartments

10 West Apartments

A62 Apartments

Rosewood Commons

Scandia Apartments

Cross Creek Apartments

Fox Club

Capital Place

The Life at Harrison Trails

Timber Point Apartments

Meridian Lakes

Reflections Apartments

Woodhaven Park

Riverbend Apartments

Spinnaker Court

Sherbrook

Meridian Court South
Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Indianapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Indianapolis Studio Apartments | $1,161 | $595 | $5,274 |
| Indianapolis 1 Bedroom Apartments | $1,370 | $495 | $4,395 |
| Indianapolis 2 Bedroom Apartments | $1,645 | $563 | $5,706 |
| Indianapolis 3 Bedroom Apartments | $2,018 | $925 | $8,663 |
| Indianapolis 4 Bedroom Apartments | $1,653 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $20,351 | $9,110 | $10,000+ |
Explore Indianapolis
Getting Around Indianapolis, IN
Walk Score®
50 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
53 / 100
Bikeable
Some bike infrastructure
Transit Score®
29 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Indianapolis, IN Area Reviews
Wendy • 3+ years in Indianapolis
August 10, 2025One of Indiana's most beautiful cities!
Frequently Asked Questions about Short-term Indianapolis Apartments
What is the Cheapest Short-term apartment in Indianapolis?
Currently the most affordable Short-term Apartment in Indianapolis is at Vivio on Tenth listed at $600.
How much is the average rent for a Short-term Indianapolis Apartment?
The average rent for a Short-term Apartment in Indianapolis is $1,753.
What is the largest Short-term Indianapolis Apartment for rent?
Today's Short-term apartment with the most square footage in Indianapolis is a 2,895 square feet unit starting from $31,593 at 1409 Linden St.
What is the average size for Indianapolis Short-term Apartments for rent?
The average size for a Short-term rental in Indianapolis is currently at 721 sq ft.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis
Written by: Wendy Melton
Indianapolis is not only the state capital of Indiana, it’s also a shining example of what Midwestern living is all about. I’m Wendy, your ApartmentHomeLiving.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
